Originally posted by GOLAGODA.
It's more than obvious that it works, whiteboy7thst is an EXTREMELY good example, that guy used to get about 20-50k views per video with about 150k subs then one day he made a video saying he had some extra money from his machinima videos so he would do a giveaway (It was definitely a genuine giveaway not an attempt at views or anything, this guy is a cool guy). Then he gained a shitload of views compared to normal, so he did it again, and again, and again. Then he got multiple videos over millions of views so he knows he has more than enough money to keep doing it.
He also ended up getting #1 on the most subscribed in the world for this month, ahead of people like freddiew and raywilliamjohnson.
It worked out extremely well for that guy, he's catapulted himself twice as far in less than 30 days, he also has three youtube channels with partnership now, his 2nd channel has 60k subs and his third has 20k subs. He also uploads to all three of them regularly as he does this as his job.
Personally I'm happy that he did it, I watch his videos from time to time and it's always good when someone you like/know is doing better off than at any point in time before. And really, he's giving stuff away just in exchange for you commenting and rating a video, it takes less than 5 seconds, it's not a horrible thing.
Thats what freddiew did he turned on Revenu sharring on his real give away even though he thinks that bunch of us are using ADblocker...